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zhann
2022-07-15

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Bitcoin Bear Wedge Targets 15k and Will Lead Global Risk

Bitcoin displays a high conviction bear wedge that will break lower with momentum, and bleed into the global risk cycle given the recent tight correlation. Bitcoin displays a high conviction bear wedge that will break lower with momentum, and bleed into the global risk cycle given the recent tight correlation. Previous bear wedge breakdowns have been reliable and resulted in high momentum drops. Platform illiquidity/closures a system risk. MACD set for a bear turn from resistance that concurs with a decline toward the 15,600 target. Full analysis here:- https://www.smartkarma.com/insights/bitcoin-bear-wedge-targets-15k-and-will-lead-global-risk?utm_source=tiger_community By Thomas Schroeder, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/thomas-schroeder?utm_source=tiger_community On Bitcoin (XBTUSD CURNCY):- https://www.smartkarma.com/entities/bitcoin-usd?utm_source=tiger_community

Bitcoin Bear Wedge Targets 15k and Will Lead Global Risk

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Platform illiquidity/closures a system risk.&nbsp;</li> \n <li>MACD set for a bear turn from resistance that concurs with a decline toward the 15,600 target.</li> \n</ul> <p>Full analysis here:- https://www.smartkarma.com/insights/bitcoin-bear-wedge-targets-15k-and-will-lead-global-risk?utm_source=tiger_community</p> <p>By Thomas Schroeder, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/thomas-schroeder?utm_source=tiger_community</p> <p>On Bitcoin (XBTUSD CURNCY):- https://www.smartkarma.com/entities/bitcoin-usd?utm_source=tiger_community</p></body></html>","htmlText":"<html><head></head><body><p><b>Bitcoin displays a high conviction bear wedge that will break lower with momentum, and bleed into the global risk cycle given the recent tight correlation.</b></p> <ul> \n <li>Bitcoin displays a high conviction bear wedge that will break lower with momentum, and bleed into the global risk cycle given the recent tight correlation.</li> \n <li>Previous bear wedge breakdowns have been reliable and resulted in high momentum drops. Platform illiquidity/closures a system risk.&nbsp;</li> \n <li>MACD set for a bear turn from resistance that concurs with a decline toward the 15,600 target.</li> \n</ul> <p>Full analysis here:- https://www.smartkarma.com/insights/bitcoin-bear-wedge-targets-15k-and-will-lead-global-risk?utm_source=tiger_community</p> <p>By Thomas Schroeder, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/thomas-schroeder?utm_source=tiger_community</p> <p>On Bitcoin (XBTUSD CURNCY):- https://www.smartkarma.com/entities/bitcoin-usd?utm_source=tiger_community</p></body></html>","text":"Bitcoin displays a high conviction bear wedge that will break lower with momentum, and bleed into the global risk cycle given the recent tight correlation. Bitcoin displays a high conviction bear wedge that will break lower with momentum, and bleed into the global risk cycle given the recent tight correlation. Previous bear wedge breakdowns have been reliable and resulted in high momentum drops. 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